Standard Bank's Malcolm Wilde, ceo for Asia in Hong Kong, has resigned from the firm, according to an internal memo obtained by DW. Reasons for the departure could not immediately be determined. "He has been instrumental in our growth in the region and recently played a key role in securing the people we hired from Bank of China International and HVB," noted Rob Leith, ceo in London. The South African bank has this year made a major push into Asia across asset classes, reeling in an equity derivatives team from BOCI (DW, 4/30) and a securitization group from HVB Asia (DW, 5/12), among other hires in Hong Kong and Taiwan. Wilde, who had worked at the firm for 14 years in London, Singapore and Hong Kong, could not be reached.
Nick Hamilton, who will be joining the bank in the coming weeks from HVB Asia, will assume responsibilities for the region.
